The cold war between Xu Teng and Chen Daqiao is destined to last for a long time, and he doesn't care, he won't take the initiative to solve this matter until he can't tolerate it, and he will cut and replace. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

He just insisted on one thing, the acquisition of Marvel was financed by Huateng Company, and the related investment was included in the share expansion plan of Shenzhou Media Group, which means that Huateng Company and Huayin Consortium have a controlling stake in Shenzhou Media officially more than 51%.

In fact, this is significantly more than the 51% holding standard.

Galaxy Capital's vote to transfer the three major industries of chips, panels, and storage to Huateng Company went smoothly, with a total of 24 votes, 19 votes in favor and 5 abstentions.

In 2006, the topic of the last day of the second annual meeting of the Huayin Consortium was the new ranking of joint partners.

There is no big change in the Bo'an department, the only suitable nominee is Yongle Electric's Cheng Xiaoting, with the support of the Bo'an Department, Yongle Electric ushered in a high-speed growth stage in 2003-2006, the nationwide chain of home appliance stores increased to 1300, expanded to all provinces and cities across the country, surpassed Suning Electric in one fell swoop, and with a price of 3 billion RMB, Dazhong Electric Appliances was included in its subsidiary.

In February next year, an annual meeting in 2007, Yongle Electric will increase its capital and expand its shares within the Huayin Consortium, and it is expected to increase its capital by 20 billion yuan, and in May next year, Yongle Group will officially be listed on the A-share IPO of the secondary sub-group under the Boan Department as a whole, and the total market value is expected to exceed 50 billion.

This means that after May 2007, Cheng Xiaoting's worth may reach 7 billion.

It is a bit too much to say that at such a level, you cannot be a joint partner of the Huayin Consortium.

Compared with the Bo'an department, the Huateng department that Xu Teng is responsible for is much more complicated.

After taking over the three major IT companies of SMIC, BOE and Langke Electronics under Galaxy Capital, as well as more than a dozen other related chip design, packaging and testing companies, Xu Teng's Huateng system has more than nine major groups and three major financial enterprises.

Chen Anbang's Dongchen Group is even more swinging, the equity structure is composed of three major shareholders of the Chen family, Huateng Company, and Boan Holdings, which nominally belong to the Bo'an department, but in fact they are more willing to obey Xu Teng's orders - Mr. Xu personally came forward to coordinate this matter, and the effect was not good, Zhang Liying and Chen Anbang have been at odds, it is said that Zhang Liying is preparing to build Sunshine Construction Group, elbowing Chen Anbang's Dongchen Construction Group.

The person in charge of Sunshine Construction may be Xing Libin of Sunshine Holding Group, who has never been on good terms with Chen Anbang.

Within the Bo'an department, Chen Anbang chose to bypass Zhang Liying and directly cooperate with Li Jinfen, Wang Yan and others, and at the same time actively operated the plan to return to the Huateng department, and also complained to Xu Teng many times, hoping that Xu Teng would mediate.

Of course, Mr. Xu disagreed, so he discussed this matter with Xu Teng alone, and the father and son had a headache about how to operate.

Zhang Liying's nomination of Cheng Xiaoting of Yongle Electric Appliance Group at this annual meeting, not Chen Anbang, is the best response, revenge for Chen Anbang's half-heartedness.

The situation on Xu Teng's side is even more complicated, even if Chen Anbang wants to return to the Huateng department by all means, it is impossible for him to nominate Chen Anbang to be promoted to joint partner, because there are too many bigwigs in the Huateng department.

The chairman of the three major IT groups of SMIC, BOE and Langke Electronics, and Ma Zhen of Zhongqu Group, are all eligible for promotion in principle.

This is no longer an individual problem, but the entire senior management team of these companies needs to be recognized, and they need to be promoted to the top of the Huayin consortium and participate in the decision-making of the entire consortium.

"Who are you nominating for co-partner?"

"Who are you nominating from here?" After Zhang Liying nominated Cheng Xiaoting, Jiang Ningyuan asked Xu Teng twice, and after a few minutes, the conference room was so quiet that it seemed that everyone could hear the sound of breathing and the wind outside the conference room.

Xu Teng quietly seemed to be thinking, as if he was wandering, and did not hear Jiang Ningyuan's question.

Long.

"I propose ......!" Xu Teng's voice was very soft, he took a breath in the middle, his expression gradually became solemn, and finally made a decision, and turned to look at Jiang Ningyuan, "I don't nominate anyone, and I propose to stop any discussion of new joint partners in the next three years." From 2007 to 2010, there was a moratorium on the promotion of new associate partners. ”

Everyone was surprised, except for Mr. Xu.

In the annual meeting in the past few years, Mr. Xu has very few words, always sitting in the chairman's position and bowing his head to think, his hands crossed on his abdomen, the Asian gambling king who once swept the A-share market is not so old, at least much younger than Lao Jiang.

Xu is always an old Jianghu who was born when he was ************, he is only fifty-five years old this year, he is exhausted, his hair is gray, and he is older faster than Xu Teng remembers, especially in the past few years.

The large-scale investment in the three major groups of SMIC, BOE, and Langke Electronics and more than a dozen other IT software and hardware industries, with a scale of tens of billions a year, has overwhelmed the Asian gambling king.

It's not a question of money, it's a matter of winning or losing.

No one likes to fail, no one likes to be a loser, especially when these industries are related to the country and the national economy, Mr. Xu has been tossing and turning between strong ambition and fear.

Xu Dachang is actually not as great as everyone thinks.

People think that this Asian gambling king is amazing and courageous, but one thing may better explain Xu Dachang's personality.

At the end of the 80s, Xu Dachang owed others a gambling debt of 2,000 yuan, Xu Teng was almost eight or nine years old at the time, and the debtor came to the door, beat Xu Dachang, beat him to his knees on the ground and begged, promising to repay the money in three days.

Three days later, he ran.

This debt was later repaid by Qi Weiguo, and the other party saw Qi Weiguo's face, after all, he was a police officer from the police station, and he only collected the principal of 2,000 yuan, and did not charge interest.

That's all the savings in the Qi Wei country.

For the next five years, Xu Dachang did not repay the money.

History was rewritten in '94, but this incident will forever remain in the memory of many people.

Mr. Xu is just a very ordinary person, and in his character, he does not have the courage similar to Chen Anbang and others, and he does not have the courage to leave his post without pay from the county party committee and go to the sea to do business.

He likes to show off and likes to feel superior.

Until Xu Dachang is really superior, looking down on all living beings, there is still an unspeakable fear in his heart, he chooses to believe in Buddhism, believes in reincarnation, and goes to the Iron Buddha Temple in Weizhou every year.

He has a strong sense of mission, but this mission is far beyond his psychological capacity, beyond his ability, always worried that this consortium will suddenly collapse one day, and always worried that his wealth will suddenly disappear.

Every night, he wakes up and wants to end all investments, end all adventures, stop, let everything stop in this moment.

Every morning, he would continue to think about his mission and start a new adventure.

This repeated staggered state made him exhausted, and the most painful part was the huge investment in the IT technology industry in the past few years, which has been constantly losing money, and real money has passed.

Just like his past investment in Tencent Communications Technology Company, no matter how hard he tries, the situation is always getting worse and worse day by day, and he can only watch Huawei and ZTE continue to rise, as if everything he does is wrong, especially in this field.

Mr. Xu, who is famous in the Chinese business world, is now doing subtraction, shrinking his energy back, taking care of a little less things, and doing what he is best at, at least, he is indeed very good at doing the gaming industry and the health care products industry.

Xu Dachang has a lot of secrets and has not told anyone that Galaxy Capital has been operating at a loss for the past three years, and he and Li Jinfen are trying their best to turn the tide and save the gaming and health care products industries that once allowed the Huayin Consortium to step into the clouds.

The increasingly fierce competition in the gaming industry, the sluggish market trust caused by the over-marketing of the health care product industry, and the chaos in the private medical industry are constantly eroding the profit margins of Galaxy Capital and Boan Holdings.

These matters are only discussed secretly within the senior leaders of the Huayin Consortium, with Mr. Xu in charge of the gaming industry, Li Jinfen in charge of the health care industry, Li Daxiao in charge of securities investment, and Mama Xu in charge of the Xu family's family trust fund.

Xu Teng is in charge of the Huateng Department and takes over all the investment in the technology industry, Zhang Liying is in charge of other industries in the Bo'an Department, and Jiang Ningyuan continues to be responsible for maintaining the operation of the Huayin Consortium at the upper level.

This is a high-level internal decision, the problem is that Li Jinfen has been wanting to retire for the past two years, Lao Jiang's body is also overwhelmed, and half of the time is resting every year, and Zhang Liying has repeatedly proved that she can't control the entire Bo'an system.

Everything seems to be a sign that the Huayin Consortium is turning from prosperity to decline, from the peak of its prosperity in 2005 to the downside, slow aging, decline.

why？

We are sick, what is sick, and where is the disease?

Nobody knows.

In the first and second annual meetings in 2006, except for the conflict between Xu Teng and Chen Daqiao, everything seemed normal, but in Xu Teng and Xu Dachang's perception, the crisis within the Huayin consortium was spreading.

It's like a skyscraper with tiny cracks in all the walls.

History has proven time and again that the decline of every powerful empire begins within.

At the second annual meeting in 2006, Mr. Xu, Xu Teng, Xu Ma, Li Jinfen and Li Daxiao were silent, precisely because they felt this rift, and the contraction of Mr. Xu and Li Jinfen was a kind of compensation, and their judgment was that the Huayin consortium was expanding too fast and the foundation was unstable.

Xu Teng had a similar judgment, so he made a proposal to immediately stop the nomination of new associate partners.

It's a strange thing.

In everyone's opinion, the Huayin Consortium is rising rapidly, and entrepreneurs worth billions of dollars have appeared in various industries, who are fully qualified to join the ranks of joint partners and continue the common development of the Huayin Consortium.

"Let's do it, suspend nominations and voting for three years." Mr. Xu also realized that this is the most effective strategy at present, stop for a while, and digest the internal crisis.

Mr. Xu wants to do one thing, this matter, he and Xu Teng have secretly talked about - replacing Zhang Liying.

This is almost an impossible thing to do, because Zhang Liying looked at the sake of being a sister of the educated youth back then, and because Mr. Xu invested 40,000 yuan in A-shares, and speculated to the level of 500,000 yuan in three months, and lent Lan Huiying 3 million in 94.

Mr. Xu used the 3 million to speculate in stocks and invest in three oral liquids, so that Huang Xinzhou was impressed, and borrowed another 20 million, which can be regarded as supporting the new boss of the Jiangtai system.

The Xu family's origins began here.

Now because Zhang Liying can't succeed Li Jinfen and can't control the Bo'an department, she is asked to give up her position - the Xu family can't open her mouth, and the worse problem is that the co-partners nominated by Zhang Liying in recent years, such as Chen Yongnian and Xing Libin, including the original co-partners of the Bo'an department, have no ability to control the Bo'an department.

Xu's mother also made a mistake and asked Zhang Liying to speak for Chen Daqiao, challenging Xu Teng's authority in the Huateng department, not only couldn't control the Bo'an department, but also made the Huateng department messy.

Woman.

Both Zhang Liying and Mei Jiali have repeatedly exposed very serious problems, as if to prove that women are not suitable for leadership.

At this moment, when Mr. Xu and Xu Teng's father and son decided to suspend the new joint partner promotion mechanism at the same time, Zhang Liying seemed to realize something, the father and son had secretly discussed in advance, and did not tell anyone else, only they knew it.

Zhang Liying was a little surprised, because she promised Cheng Xiaoting that he would be officially nominated for promotion to joint partner at an annual meeting next year, instead of Chen Anbang.

Mr. Xu thought so at first, but after talking with Xu Teng for a few hours, he realized that Xu Teng's point of view was right - Zhang Liying did not control the contradictions within the Bo'an system, but magnified this contradiction, and also reached into the Huateng system to help Chen Daqiao with personal preferences.

Xu Teng proposed to suspend the promotion of new joint partners, and Mr. Xu immediately agreed, and the tacit cooperation between father and son made all the partners present realize that this was a palace fight.

The Xu family made a move.

"So be it." Mr. Xu repeated again that one person made the final decision, did not give everyone the opportunity to vote, in fact, there was no need to vote, and the joint partners who absolutely supported their father and son together had more than 15 votes.

"That's right...... That's fine. Zhang Liying still had objections, but she just looked at the expressions of Mr. Xu and Xu Teng, and roughly knew that there was no room for maneuver in this matter, and it was aimed at her.

"Finally, let's talk about one more thing, Xiao Zhao, you were transferred from Huatai Securities to Sunshine Insurance Group as vice chairman and executive president, and helped Sister Li and Zhang Liying manage the affairs of the Boan Department." Mr. Xu made another decision, which had nothing to do with Xu Teng, but a decision made by Mr. Xu and Lao Jiang after a private discussion, and transferred Zhao Danyang to the Bo'an department.

"This?" Zhao Danyang is not very sure, whether he can gain a firm foothold in the Bo'an department, his ability also has many shortcomings, in general, it is still stronger than Zhang Liying.

"It's just a temporary arrangement." Jiang Ningyuan nodded, signaling Zhao Danyang not to worry too much, in case it didn't work, Lao Jiang and Xu would always be replaced.

The internal crisis of the Huayin consortium has been expanding, and now it is impossible to continue to talk about seniority, even if it is seniority, the best candidate to replace Zhang Liying is Zhao Danyang, and there are too many defects in the internal candidates of the Bo'an department.

Zhao Danyang is both pragmatic and cunning, and he is the most powerful private equity manager in China over the years, having been immersed in the securities industry for more than ten years, and his financial control ability is first-class.

That being said, the Bo'an system is a Bo'an department after all, and the internal relationship network is extremely complex.

From the very beginning, the securities industry and the health care industry are two completely independent teams, which have evolved into today's Huayin and Bo'an systems, although Zhao Danyang is a veteran of the Huayin Consortium, and his transfer to the Bo'an department is also airborne.

Xu Teng didn't speak, he just proposed to try another person, he couldn't continue to let Zhang Liying go, who would control the Bo'an system, this was not something he should ask.

Just as Mr. Xu can no longer control the new situation of the entire Huayin consortium, Zhang Liying actually can't control the new situation of the Bo'an system, and the continuous development of the times has long been beyond the scope of their generation's cognition.

The worst thing is that Zhang Liying chooses to deal with change in a wrong way - promoting familiar people, suppressing unfamiliar people, and rejecting many proposals from President Xu and Xu Teng.

"This is the end of the second annual meeting this year, if you have any doubts, you can talk to me privately." Mr. Xu didn't look at Zhang Liying, but these words were said to Zhang Liying, which was a reassurance.

Zhang Liying had nothing to say, in this brief moment, she thought about a lot of things, suspecting that the Xu family was against her against the decision of the Huayin Consortium, delaying the merger with the Mengmu Group, and suspecting that the Xu family was targeting her cooperation with Chen Daqiao.

In the face of interests, friendship seems so weak and vulnerable.

Xu Teng was also thinking about a lot of things in his heart, and he was worried that one day, his special friendship with Jian Chen would not be able to withstand the destruction of interests.

At the end of the second annual meeting in 2006, Mr. Xu and Xu Ma invited all the co-partners to the hall to celebrate the smooth and successful conclusion of the second annual meeting by Lao Jiang, followed by a special performance by overseas classical orchestras.

Everyone drank champagne and chatted with each other before parting, talking about the time of the past few days, about each other's work and life.

It was a very Western occasion, with each of the co-partners wearing top-of-the-line suits worth tens of thousands of pounds, and the jewellery worn by Xu Ma and Mei Jiali was worth tens of millions of pounds.

Everyone seemed intimate, funny, and elegant, and the piano and saxophone tunes were warm and melodious.

Xu Teng sat in the corner, with only Jian Chen by his side, and the two talked in a low voice, occasionally taking a look at the other co-partners.

In the annual meeting of the consortium, Chen Jian was one of the last people to be promoted to co-partner, not only a newcomer, but also a junior, like Mei Jiali, who was very low-key and never took the initiative to speak.

"That's the way it is...... In fact, neither Li Jinfen nor Zhang Liying controlled the Bo'an system very well. Xu Teng shrugged his shoulders, there are many top talents in the Huayin Consortium, and there is no shortage of business predators, so the real problem is that the Boan system is too difficult to control.

Or to put it more bluntly.

"The Boan department is too big." Xu Teng rubbed his forehead and told Jian Chen about his experience, "There is a ceiling to human ability, perhaps, the structural design of the Huayin Consortium is not as perfect as we expected." ”

"At least close to perfection!" Jian Chen thought about it and gave his own opinion.

"Yes, so there is no way to replace them, we can only face up to these problems and use more suitable people to make up for the problems in the system." Xu Teng filtered all the candidates he thought were suitable, a little embarrassed, he was much luckier than Zhang Liying.

Many people think that Tang Jun is not a very top entrepreneur, this judgment is unfair, it is undeniable that Tang Jun has made some mistakes, especially in the problem of academic qualifications - this problem, Xu Teng personally dealt with Tang Jun, erasing Tang Jun's doctorate degree from the American Leather Bag University.

At the management level of the enterprise, Tang Jun is not very far-sighted.

These can't hide Tang Jun's excellence, this is a very charismatic CEO, good at coordinating personnel and daily work within the enterprise, handing over an independent subgroup to Tang Jun, this arrangement may not be wise, but handing over the daily administrative work of Huateng Company and Tencent Group to Tang Jun, then there is no problem.

This person made up for many of Xu Teng's shortcomings.

In addition to Tang Jun, Xu Teng also found a lot of business predators who are good at controlling a sub-group and an industry, Li Dongsheng, Liang Weigen, Chen Daqiao, Guo Yongzhe, Li Dakai, Ma Zheng...... Almost all of them are the best big bosses in China.

Luo Hongyan, Chen Zhixin, Tang Hailing, Cao Guowei, Lu Fangfang, Gu Xueli...... are a little worse, Xu Teng's cleverness lies in the fact that he knows people and makes good use of them regardless of preferences, distance and proximity.

There are many people that Xu Teng doesn't like, but as long as it is useful, he will use it.

Xu Teng's Huateng system has a great advantage over Bo'an, that is, the equity is relatively more concentrated, 7/10 of the shares of Huateng Company are concentrated in Xu Teng's hands, Chen Jian's shareholding rate is 7%, and other joint partners within Huateng Department hold 12%.

The equity of the Bo'an system is too dispersed, Zhang Liying's shareholding in Bo'an Holding Company is only 10%, and if she wants to control the Bo'an system with this equity, she must unite one faction and suppress the other faction.

Xu Teng doesn't need to unite anyone, he feels that Chen Daqiao can't do it, and one person's will can be replaced, even if Chen Daqiao is the founder of Shenzhou Media Group, and the number of shares in Huateng Company is second only to Xu Teng and Chen Jian, and even slightly more than Li Dongsheng, Liang Weigen, and Guo Yongzhe.

Enterprises with too dispersed equity are actually difficult to manage, and it tests the level of enterprise leaders.

Zhang Liying is an elder after all, and she was born in the old Jiangtai family.

Xu Teng and Chen Jian were in the corner of the hall, sitting on the sofa, drinking wine, and talking about this matter in a low voice, and it was difficult to judge now, and they could not be sure of the result of Zhao Danyang's transfer to the Bo'an department.

Xu Teng just had a feeling that, according to reason, he shouldn't ask about the affairs of the Bo'an department, but now the situation is very complicated, and he is afraid that he will have to take care of it.

Otherwise, if he waits for another ten or twenty years, when he really takes full control of the Huayin Consortium, the stubborn disease of the Boan system is already out of control.

He and Chen Anbang had already talked about this matter.

Theoretically speaking, Chen Anbang's Dongchen Construction Group is very suitable for the development of the Bo'an Department, and the relationship network of the Bo'an Department in local provinces and cities is also the social resource that Dongchen Construction urgently needs, but Chen Anbang knows this, but he still wants to withdraw to the Huateng Department, precisely because there are too many stubborn diseases within the Bo'an Department and the palace fight is serious.

Chen Anbang's posture of always wanting to withdraw from the Huateng system has exacerbated the contradiction between Xu Teng and Zhang Liying to a certain extent.

Coincidentally, Chen Daqiao also has the idea of transferring to the Bo'an department on the premise of not offending Xu Teng, and the reasons for this are more complicated, to a large extent, Chen Daqiao took a fancy to the dispersion of equity within the Bo'an department, which was conducive to his sole control of Shenzhou Media Group - this is the reason why Xu Teng decided to kick Chen Daqiao out.

The different choices of the two heroes are precisely the portrayal of the internal crisis of the Huayin Consortium, just like the two largest cracks on the surface of the wall, and in the depths of the cracks, there are bigger and more gaps. (To be continued.) )